U.S. Bancorp’s Stock Is Down 40% In 3 Months, But It Could Shrink Another 40% In The Next 3

Having shed 43% of its value in 2020, U.S. Bancorp’s stock may yet slide some more. Why is that? Well, U.S. Bancorp’s revenues would face a significant challenge due to lower commercial and consumer spending, not to mention the higher risk of loan defaults, resulting in lower earnings for the year..
Source: Forbes Markets